Reading Time: < 1 minute MarketsFarm — Canadian grain exports are running well behind the year-ago pace through the first few weeks of the 2021-22 marketing year, as smaller supplies and high prices limit offshore demand. Total exports of all of the major grains, oilseeds and pulses as of Sept. 12 of 3.162 million tonnes are down by about 2.1 […] Read more
Tag Archives Wheat
Grain exports running well behind year-ago pace
Prices, low stocks keep lid on demand
U.S. grains: Soy, wheat, corn consolidate after earlier gains
Wheat ends week nearly three per cent higher
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans, corn and wheat eased on Friday as the markets consolidated after earlier gains, pressured by a continuing U.S. harvest and limited exports at hurricane-damaged U.S. Gulf export terminals. The most-active soybean futures on the Chicago Board of Trade fell 12 cents to $12.84 a bushel, ending the week down […] Read more
CBOT weekly outlook: Harvest lows possibly already in for soy, corn
Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade may have already hit their harvest lows for the season, despite the fact that the bulk of the harvest is still some time away. “Going forward, I think the short-term lows are probably established,” said Terry Reilly, of Futures International in Chicago. The […] Read more
U.S. grains: Soybeans ease as large crops loom
Wheat drops on easing supply worries
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans ended lower on Monday, pressured as farmers begin harvesting what is expected to be a near-record crop, though stronger-than-expected weekly export sales mitigated losses. Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies. Chicago Board of Trade most-active soybeans lost 1-3/4 cents to end […] Read more
U.S. grains: Soybeans firm, fail to erase earlier losses
Wheat around seven-week low as world supply concerns ease
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more
U.S. grains: Corn, soy fall as Midwest rains benefit crops
Tight global wheat supplies could boost U.S. exports
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures ended lower on Thursday, as beneficial rainfall across the U.S. Midwest added pressure to soybean markets, while export sales capped losses. Wheat found technical support, underpinned by tight global supply concerns. Chicago Board of Trade most-active corn fell one cent to $5.50-3/4 a bushel, while nearby […] Read more
U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise
Hot weather forecast for heart of Midwest farm belt
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rallied on Tuesday on eroding Midwest crop conditions and improving export demand, and as soyoil prices rose another three per cent amid further gains in crude oil markets. Corn futures also climbed on deteriorating crop conditions across the heart of the farm belt. Wheat ended lower, though spillover […] Read more
Above-average yields likely for corn, soybeans
Weather in critical month of August favourable for seed development
Reading Time: 7 minutes Most of the Ontario growing region has received 115 to 150 per cent of normal precipitation in the last 30 days. July temperatures were two to three degrees below normal. It’s been a cool and wet summer in Ontario. Above average yields are expected for Ontario corn and soybeans. After a prolonged harvest period, we’re […] Read more
Ontario 2021 wheat yields the highest in years
Ideal rainfall led to high wheat yields but it also compromised quality
Reading Time: 2 minutes The 2021 winter wheat harvest has been a bin-buster. Timely rains, adequate heat and ideal planting conditions provided excellent yields. “In areas with adequate moisture, and early planted wheat, we are seeing yields well above 100 bushels to the acre, with some reports showing 120 to 140 bushels to the acre average,” says Joanna Follings, […] Read more
Prairie cash wheat: Big jump for durum
U.S. futures, lower loonie supportive for cash wheat bids
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while there were sharp increases for Canada Western Amber Durum (CWAD). Gains in U.S. wheat markets supported values, as did a steep drop for the Canadian dollar. Average […] Read more
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